Author: umunna

By Emmanuel Oloniruha Abuja, Dec. 4, 2024(NAN)A delegation of the West African Elders Forum (WAEF) observation mission led by former President Goodluck Jonathan on Wednesday arrived in Accra, ahead of the Dec. 7 general elections in the country. The WAEF’s communications Officer, Wealth Dickson Ominabo, disclosed this in a statement made available to the News […]

The Managing Director, TCN, Mr Sule Abdulaziz, observing one of the newly- commissioned transformers in Alausa Substation in Lagos.     TCN expanding transmission nationwide with $200m World Bank Project – MD Expansion By Raji Rasak Lagos, Dec. 4, 2024 (NAN) The Transmission Company of Nigeria (TCN) says it is expanding its capacity nationwide with […]

By Rukayat Moisemhe The Federal Government is to establish an industrial revolution work group to place the manufacturing sector on the path of sustainable growth, create more jobs, and enhance economic growth and development. The Minister of State for Industry, Sen. John Enoh, gave the assurance  at a meeting with manufacturers and key players in […]

  By Taiye Olayemi   The Lagos State Ministry of Tourism, Arts and Culture says the highly anticipated 2024 Boat Regatta will hold Dec. 21.   Mrs Toke Benson-Awoyinka, the state’s Commissioner for Tourism, Arts and Culture, disclosed this in a statement on Wednesday in Lagos.   Benson-Awoyinka said the event, which was initially scheduled […]

  By Sumaila Ogbaje The Chief of the Air Staff (CAS), Air Marshal Hasan Abubakar, says the Nigerian Air Force in the last three years, took delivery of  63 brand new aircraft into its inventory. Abubakar made this known at the NAF Training, Operations and Safety Seminar for the year 2024, on Wednesday in Abuja. […]

By Vivian Ihechu As the cocoa business continues to thrive, stakeholders say the cocoa market in Nigeria comprises 250,000 tonnes in volume, valued at over $6 billion, with international market prices influencing the figure. According to them, currently, cocoa prices have risen to $10,000 per tonne, potentially increasing the market value to around $25 billion. […]

By Folasade Akpan  The Coordinating Minister of Health and Social Welfare, Prof. Muhammad Pate, has said inadequate funding has negatively impacted the performance of Nigeria’s health sector, preventing it from meeting its goals. He made this statement on Tuesday in Abuja at the Nigerian Medical Association’s (NMA) Third National Health Summit, themed “Healthcare Delivery in […]

By Kadiri Abdulrahman Abuja, Dec. 4, 2024 (NAN) The Central Bank of Nigeria (CBN) has directed Deposit Money Banks (DMBs) to ensure efficient cash disbursement to the general public over-the-counter and through Automated Teller Machines (ATMs). The directive is contained in a statement jointly signed by CBN’s Acting Director, Currency Operations, Muhammed Olayemi, and Acting […]

By Kadiri Abdulrahman Nigeria has successfully priced 2.2 billion dollars in Eurobonds maturing in 2031 and 2034 in the international capital markets. This is according to a statement by the Debt Management Office (DMO) in Abuja on Monday. The DMO said that the two Eurobonds, with 6.5 years and ten years tenors, have 700 million […]

Joe Biden will use his visit to Angola on Tuesday, the first by a U.S. president to the sub-Saharan African country, to mark the two nations’ shared history in the transatlantic slave trade. Biden plans to speak at the National Museum of Slavery in Luanda, a site that includes the 17th Century chapel where enslaved […]